Asia shares touch two-year top as China plans property boost
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Asian shares started the week by rallying two-year highs on Monday, buoyed by China's strongest measures yet to address its property crisis and by expectations for global rate cuts within weeks, while the dollar steadied after a weekly drop. Brent crude futures touched a one-week high of $84.14 a barrel in early trade, with the crash, in heavy fog, of a helicopter carrying Iran's president drawing traders' attention to the Middle East. Gold hovered close to a record high at $2,423 an ounce. Japan's Nikkei rose 0.9% in early trade. Hang Seng futures pointed to gains and MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.25% to a two-year top with early gains in Australia and South Korea. After world stocks made record highs last week in the wake of softening U.S. inflation, focus this week turns to policy speeches, meeting minutes, a central bank decision in New Zealand and Nvidia results, with a break...